The Pentagon has taken an important first step by canceling the contract for Halliburton 's military logistics contract in Iraq and putting it up for open bid. Halliburton has only itself to blame for shoddy managment, over-charging and thumbing its nose at military investigators. In our three alternative annual reports on Halliburton , CorpWatch has uncovered innumerable cases of incompetence and corruption: for example torching brand-new $85,000 Mercedes trucks and charging $100 for a bag of laundry.